DELL vs. LITE: Dell vs. Lumentum Stock Comparison

November 11, 2026

How do Dell (DELL) and Lumentum (LITE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Dell (DELL) and Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but DELL is classified in Technology Hardware, Storage & Peripherals while LITE is classified in Communications Equipment.

Company profile comparison for Dell (DELL) and Lumentum (LITE)
Profile Item	DELL	LITE
Name	Dell Technologies Inc. Class C Common Stock	Lumentum Holdings Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Technology Hardware, Storage & Peripherals	Communications Equipment
GICS Sub-Industry	Technology Hardware, Storage & Peripherals	Communications Equipment
Market Capitalization	208.88 billion USD	48.84 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	August 17, 2016	July 23, 2015
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DELL

LITE

GSPC

Dell (DELL) vs. Lumentum (LITE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Dell (DELL) and Lumentum (LITE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dell (DELL) and Lumentum (LITE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Total Return (1Y)	142.85%	150.31%
Total Return (3Y, Annualized)	72.12%	147.76%
Total Return (5Y, Annualized)	47.28%	45.47%

Risk Profile

Drawdown History

DELL

LITE

GSPC

Dell (DELL) vs. Lumentum (LITE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Dell (DELL) and Lumentum (LITE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Volatility (1Y, Annualized)	80.23%	101.27%
Beta (5Y)	1.50	1.73
Max Drawdown (5Y)	-59.59%	-66.48%
Avg. Volume (3M)	7.77M	5.27M

Risk-Adjusted Performance

Risk-Return Positioning

DELL and LITE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Sharpe Ratio (1Y)	1.73	1.44
Sortino Ratio (1Y)	3.00	2.14

Profitability

ROE (TTM)

Dell (DELL) has no ROE value reported for this period; Lumentum (LITE) reports a negative figure of -245.79%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.

DELL

Technology Hardware & Equipment industry group

Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%
DELL: --

LITE

Technology Hardware & Equipment industry group

-245.79%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%
LITE: -245.79%

Dell (DELL) vs. Lumentum (LITE): DELL does not report ROE, so it has no value marker; LITE is benchmarked against the Technology Hardware & Equipment industry group.

Net Margin (TTM)

Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Dell (DELL) reports 7.53%, ranking against industry peers normally.

DELL

Technology Hardware & Equipment industry group

7.53%

Max: 27.60%
Q3: 11.66%
DELL: 7.53%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

LITE

Technology Hardware & Equipment industry group

-175.78%

Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%
LITE: -175.78%

Dell (DELL) vs. Lumentum (LITE): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Lumentum (LITE) at 27.95% operates in the top operating margin quartile, ahead of Dell (DELL) at 12.02%, which runs around its industry’s norm.

DELL

Technology Hardware & Equipment industry group

12.02%

Max: 36.27%
Q3: 18.36%
DELL: 12.02%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

LITE

Technology Hardware & Equipment industry group

27.95%

Max: 36.27%
LITE: 27.95%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Dell (DELL) vs. Lumentum (LITE): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
ROE (TTM)	--	-245.79%
ROA (TTM)	8.64%	9.19%
Net Margin (TTM)	7.53%	-175.78%
Operating Margin (TTM)	12.02%	27.95%
Gross Margin (TTM)	19.91%	47.98%

Growth

Revenue Growth

Lumentum (LITE) at 83.22% clears its industry range for revenue growth, far stronger top-line momentum than Dell (DELL) at 18.80%, which is closer to a typical peer reading.

Dell (DELL) vs. Lumentum (LITE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Dell (DELL) at 36.05% is around its peer norm for EPS growth, while Lumentum (LITE) at -25,224.32% falls below its industry range, a notably weak earnings reading.

Dell (DELL) vs. Lumentum (LITE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Revenue Growth (YoY)	18.80%	83.22%
Revenue Growth (3Y CAGR)	3.54%	19.48%
EPS Growth (YoY)	36.05%	-25,224.32%
EPS Growth (3Y CAGR)	38.89%	--

Financial Strength

Current Ratio (MRQ)

Lumentum (LITE) at 1.61 keeps current ratio within its industry’s typical mid-range, while Dell (DELL) at 0.96 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DELL.

DELL

Technology Hardware & Equipment industry group

0.96

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
DELL: 0.96
Min: 0.17

LITE

Technology Hardware & Equipment industry group

1.61

Max: 5.34
Q3: 3.02
Median: 1.95
LITE: 1.61
Q1: 1.32
Min: 0.17

Dell (DELL) vs. Lumentum (LITE): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Lumentum (LITE) carries debt-to-equity ratio of 0.31 against its industry range, while Dell (DELL) reports no figure this period.

DELL

Technology Hardware & Equipment industry group

Max: 1.76
Q3: 0.78
Median: 0.24
Q1: 0.04
Min: 0.01
DELL: --

LITE

Technology Hardware & Equipment industry group

0.31

Max: 1.76
Q3: 0.78
LITE: 0.31
Median: 0.24
Q1: 0.04
Min: 0.01

Dell (DELL) vs. Lumentum (LITE): DELL does not report debt-to-equity ratio, so it has no value marker; LITE is benchmarked against the Technology Hardware & Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Current Ratio (MRQ)	0.96	1.61
Debt / Equity (MRQ)	--	0.31
Net Debt / EBITDA	1.34	-0.48

Dividends

Dividend Yield (TTM)

Lumentum (LITE) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dell (DELL) reports a yield of 0.73%, ranking against industry peers normally.

DELL

Technology Hardware & Equipment industry group

0.73%

DELL: 0.73%
Max: 0.73%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Dell (DELL) vs. Lumentum (LITE): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Lumentum (LITE) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dell (DELL) reports a payout of 13.43%, ranking against industry peers normally.

DELL

Technology Hardware & Equipment industry group

13.43%

Max: 32.27%
Q3: 14.48%
DELL: 13.43%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Dell (DELL) vs. Lumentum (LITE): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
Dividend Yield (TTM)	0.73%	0.00%
Dividend Payout Ratio (TTM)	13.43%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Dell (DELL) trades at 19.10 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.

DELL

Technology Hardware & Equipment industry group

19.10

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
DELL: 19.10
Min: 6.07

LITE

Technology Hardware & Equipment industry group

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
Min: 6.07
LITE: --

Dell (DELL) vs. Lumentum (LITE): LITE does not report P/E ratio, so it has no value marker; DELL is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

Dell (DELL) at 1.38 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE looks notably rich on sales.

DELL

Technology Hardware & Equipment industry group

1.38

Max: 11.30
Q3: 5.82
Median: 2.56
DELL: 1.38
Q1: 1.05
Min: 0.00

LITE

Technology Hardware & Equipment industry group

13.05

LITE: 13.05
Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

Dell (DELL) vs. Lumentum (LITE): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Dell (DELL) reports a negative P/B ratio of -147.32, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Lumentum (LITE) reports 10.67, ranking against industry peers normally.

DELL

Technology Hardware & Equipment industry group

-147.32

Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33
DELL: -147.32

LITE

Technology Hardware & Equipment industry group

10.67

Max: 10.75
LITE: 10.67
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Dell (DELL) vs. Lumentum (LITE): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Dell (DELL) and Lumentum (LITE)
Metric	DELL	LITE
P/E Ratio (TTM)	19.10	--
P/S Ratio (TTM)	1.38	13.05
P/B Ratio (MRQ)	-147.32	10.67
Free Cash Flow Yield (TTM)	2.89%	0.29%